ICYMI 
ICYMI
A roundup of recent discussions from the NAEA WebBoard. QUESTION #1: I have a client who rents out land for a solar farm. I read that a land rental cannot qualify for the qualified business income (QBI) deduction but am trying to find a ... Tynisa Gaines, EA, and Patrick D. Dimmitt, EA
Winter 2024,
ICYMI,
qualified business income, Reg. §1.1245-2(a)(4) a, §121, §25D(e)(8), §1016, s corporation, §1250(b)(3), Form 1120-S, Form 13844, Rev. Proc. 2019-38, rental, §121(d)(6), direct debit installment agreement, Reg. §1.199A-1(b)(14), QBI, Rev. Proc. 2002-69, Rev. Proc. 2013-30, DDIA, solar, partnership, Schedule SE, §357(c), QJV, Treas. Reg. §301.6221(b)-1, depreciation, Schedule F, §351, §4.02(6), Schedule C, §761(f)(2)(B), Form 8832, §5.02, Schedule K-1, Badaracco v. Commissioner, Reg. §1.351-3, §6221(b), §4.03, Reg. §1.469-2T(f)(3), §121(d)(10), LLC, §721, §167, §1.1250-3(a)(3), Form 1065, qualified joint venture